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Building and validating your solution
Building and validating your solution
That's it, it's not a problem, it's not a matter of time. It's talking to the possible uses, seeing what problems they have and how you can better answer them with what you offer. Discover the steps!
The product market fit shows you that there is a market for your product. This is how you ensure that you are developing a product that your target audience wants and is willing to pay for the value it brings. Find out how to get it.
As part of the widespread lean startup philosophy, the identification of a problem to solve for a specific customer segment and the validation of a need are fundamental to building a successful startup. Here's how this process works.
When you want to test your business idea, it's important to ask the right questions to the right people. It is important to formulate them as such, but only after you have established very clearly what you actually want to find out from them. In the following material you will learn how you can cover all these criteria:
Depending on the type of your product or service, you can choose from several solutions at hand to validate it in the market. But the best validation comes from customers who are willing to pay for what you offer. Here's what you need to know:
The value proposition describes the value you bring to your customers in a concise, relevant and simple way. Find out how to use a Canvas to make it clear
How do you know you've reached the product-market fit? How do you get back to it if the market changes? The founders of 6 local businesses, with different business models, from various industries, who have passed gone or are currently going through the validation process, talked to us about it.
